Category: Semafor

The Scoop A company headed by the brother of the Ghanaian president has refused to hand back a $100 million gold mine at the center of an ownership row, defying a ruling by an international court, documents seen by Semafor show. A 2023 earn-in agreement, which would enable the Ghanaian ...

The News South Africa is considering rolling out tax cuts to revive its struggling industrial hubs, in line with a World Bank recommendation to help reverse a long-term manufacturing slump and unlock billions in idle corporate cash. The major policy push to extend the 15% corporate tax rate — nearly ...

Oil prices jumped to above pre-war levels after the US and Iran traded fire. Tehran said it had hit 85 US military targets in the Gulf in response to American strikes, which came after Iran attacked tankers in the Strait of Hormuz; the US has also revoked a sanctions waiver ...

The Scoop Advocates for fully normalized US-Syria relations are bullish that President Donald Trump will lift the country’s designation as a state sponsor of terrorism as soon as Wednesday, when he’s set to meet with Syrian President Ahmed al-Sharaa on the sidelines of the NATO summit in Ankara. Stripping the ...

The News Maine Democrats accused Graham Platner’s Senate campaign of putting a “thumb on the scale” in the debate over how to replace him, as nearly all of his endorsers deserted him. “We have repeatedly reiterated to Graham Platner’s team that they have no role in determining our next Democratic ...

Global foreign investment rose last year, the UN said Tuesday, but warned that this year’s outlook is clouded by trade policy uncertainty and geopolitical tensions. The US was the top destination for FDI, though inflows fell from 2024. The Trump administration’s decision last week not to renew the US-Mexico-Canada trade ...

Foreign investors are returning to Asia’s two largest emerging markets, as India and China regain favor with global fund managers. After pulling $29 billion out of Indian equities this year, overseas investors are warming to India, thanks to easing energy prices and supportive monetary policies, with the country’s “lack of ...

DeepSeek is developing its own AI chip, Reuters reported, in a move that could reshape China’s domestic semiconductor race while also ramping up pressure on US chip giant Nvidia. The Chinese AI startup is seeking to reduce reliance on Nvidia and Huawei chips to train and run its breakthrough models. ...

The difficulties facing two of Europe’s leading far right figures underscored right-wing movements’ failure to coalesce behind their sizable polling advantages. Convicted National Rally leader Marine Le Pen announced she will run for the French presidency next year after a court cleared the way, but will likely do so under ...

Lionel Messi lifted Argentina to a stunning comeback victory against Egypt Tuesday, but a series of charged controversies at the FIFA men’s World Cup threaten to overshadow the on-field heroics. French star Kylian Mbappé called a Paraguayan senator who targeted him with a racist rant a “despicable woman,” as French ...